Russia Pounds Kyiv After Ukrainian Attacks Hit Oil Refineries Near Moscow | OilPrice.com Premium Content By Editorial Dept – Aug 29, 2025, 8:00 AM CDT Politics, Geopolitics & Conflict Ukraine began the week with more deep-strike drone attacks on Russian infrastructure, hitting two oil refineries near Moscow and torching a drone-production site more than 1,000...Continue Reading

By Editorial Dept – Aug 29, 2025, 8:00 AM CDT As we digest U.S. Senator Ted Cruz’s call for the U.S. to recognize Somaliland as an independent country, the fact is, Washington can get what it needs in Somaliland without recognition and without disrupting a fragile geopolitical ecosystem. For a transactional president, which is what...Continue Reading

Supply Risk, Tariffs, and Demand Trends Drive Market Sentiment | OilPrice.com Premium Content By Editorial Dept – Aug 29, 2025, 8:00 AM CDT Crude oil prices were modestly higher through Thursday’s close, with U.S. West Texas Intermediate (WTI) futures settling at $64.24—up nearly 1% so far for the week. While the market remains open, the...Continue Reading

Oil Prices Aren’t Likely To Rise Anytime Soon | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Aug 29, 2025, 8:00 AM CDT Analysts surveyed by Reuters expect Brent Crude to average $67.65 per barrel and WTI Crude to average $64.65...Continue Reading

Guyana’s Oil Boom Fuels Contentious Reelection Bid | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Aug 29, 2025, 7:00 AM CDT Voters in Guyana, one of the world’s fastest growing economies thanks to its oil riches, are heading to the...Continue Reading

Strathcona Seeks to Block $5.7 Billion Cenovus Deal to Buy MEG Energy | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Aug 29, 2025, 6:00 AM CDT Previously rejected MEG Energy...Continue Reading

Favorable Prices Prompt India to Raise U.S. Oil Purchases | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Aug 29, 2025, 4:56 AM CDT Competitive prices for U.S. crude in an...Continue Reading

Citgo Auction Heats Up as Bidder Sweetens Offer | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Aug 29, 2025, 3:30 AM CDT The court-ordered auction for the parent company of Citgo just...Continue Reading

Europe Jet Fuel Imports From Asia Hit Record High | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Aug 29, 2025, 2:30 AM CDT Jet fuel imports from Asia to Europe reached a...Continue Reading

Oil Prices Dip but Stay on Track to Extend Last Week’s Gains | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Aug 29, 2025, 1:00 AM CDT Crude oil prices were set for...Continue Reading